The JSE Junior Market slipped 11.8 percent between January and August and in spite of the decline, 15 stocks recorded gains for the first eight months of the year, led by Jetcon Corporation with the price more than doubling to close at $3.77, from the start of the year.
Jetcon’s stock price benefitted from a turnaround in operations and a successful transition from the used to new car dealership business, resulting in investors piling into the stock and driving the price up with a gain of 151 percent for the year to date and dwarfing all other in the market.
MFS Capital Partners ended in second spot with gains of 41.03 percent, aided by Management execution of expansion plans, resulting in diversification and expansion of revenue sources with acquisitions and expansion of their Cambio services, both of which should contribute to revenue expansion this fiscal year that ends in June 2027. Caribbean Cream with its popular trade mark KREMI, is up by 33.97 percent, as it starts to reap the benefits of a expanding its operations and cut cost in some areas. Future Energy gained 25 percent and Spur Tree Spices boosted by a rise in profits for the six months to June, ended with the stock climbing 20.69 percent to end on the IC Insider Top 10 winners on the Junior Market. Late comers, Access Financial Services and Image Plus also joined the IC Top 10. Access is had steady first quarter results and the removal of major overhang of selling in the stock helped and Image Plus seeming to be benefiting from acquisitions.
Worst Performers. Notwithstanding to strong showing by the winners, the Junior Market suffered notable declines, following the porting of some poor profit results. Kintyre tops the ICInsider.com Top 10 Junior Market losers, reporting a steep 75.71 percent decline for the period year to August. This is partly tied to newer shareholders liquidating their holdings. The suspension of trading in Kintyre stock has not provided room for any price rebound to share price following the rapid sell off of shares that took place after news shares were issued earlier this year. Main Event ended as the second worst performing stock with 48.7 percent fall with profits down sharply. Fosrich slipped 43.37 percent, with huge losses incurred in 2025 and 2026 so far. Derrimon Trading fell sharply 42.2 percent and Edufocal declined by 39.29 percent, in rounding out the list of the five worst performers.
The market closed with trading of 8,772,822 shares for $8,852,451, after falling from 10,033,838 units at $9,357,313 on Thursday.
The Junior Market ended trading with an average PE Ratio of 15.8, derived by dividing the last traded price of stocks by the earnings per share.
Jamaican Teas rose 26 cents to close at $2.56 with investors swapping mere 150 stocks, Lumber Depot sank 10 cents to end at $2.60 after an exchange of 16,508 units, Mailpac Group shed 20 cents to finish at $2.46 with investors trading 319,410 shares. Medical Disposables declined 9 cents and ended at $1.15 with 1,710 stocks passing through the market, MFS Capital Partners skidded 10 cents to 67 cents with only 2,639 shares crossing the exchange, Paramount Trading sank 8 cents in closing at $1.08 with investors dealing in 1,942 units. Regency Petroleum gained 9 cents to finish at $4.29 in an exchange of 33,839 stocks and Stationery and Office Supplies declined 14 cents to end at $1.55 with 29,978 stock units crossing the market.